Accounting Standards Checklists - VPS resources

The Accounting Standards Checklists are available for use only by Victorian public sector departments and agencies that are consolidated into the State of Victoria’s financial statements.

Important note

The resources on this page are password-protected and accessible only to departments, entities and agencies internal to the Victorian Public Sector (VPS).

Victorian Government users can request a login by contacting the website administrator via email to dtfweb@dtf.vic.gov.au. Please state the name of your organisation, your job title, and details of the resources you require access to.

Accounting Standards Checklists

AASB 5 Non-current Assets Held for Sale and Discontinued Operations

AASB 5 - When to account for surplus assets as 'held for sale'
Word 71.81 KB
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The document provides accounting guidance on the classification of surplus assets as ‘held for sale’, including a checklist to aid the assessment on whether the surplus asset meets the recognition criteria of ‘held for sale’ under AASB 5.

AASB 9 Financial Instruments

AASB 9 - Guidance
Word 78.28 KB
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This was previously incorporated into the 2017-18 Model Report in Appendix 12.

AASB 10 Consolidated Financial Statements

AASB 10 - Control Analysis for Victorian Public Sector Entities
Word 76.13 KB
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The assessment template assists users to determine whether an entity is required to be consolidated into another entity under AASB 10.

AASB 12 Disclosure of Interests in Other Entities

AASB 12 - Interests in Subsidiary and unconsolidated structured entities
Word 69.5 KB
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The document provides guidance on the disclosure requirements for interests in subsidiaries and interest in unconsolidated structured entities under AASB 12.

AASB 15 Revenue from Contracts with Customers and AASB 1058 Income of not-for-profit entities

AASB 15 and 1058 - Assessment checklist
Word 120.91 KB
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This was previously incorporated into the 2017-18 Model Report in Appendix 11.

AASB 15 - Enforceable arrangement checklist
Excel 78.99 KB
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For revenue to be recognised under AASB 15, the contract must be ‘enforceable’ and contain ‘sufficiently specific performance obligations’.

The checklist assists users to identify whether a contract is enforceable.

AASB 15 - Sufficiently specific performance obligations checklist
Excel 70.68 KB
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For revenue to be recognised under AASB 15, the contract must be ‘enforceable’ and contain ‘sufficiently specific performance obligations’.

The checklist assists users to identify whether a contract has sufficiently specific performance obligations.

AASB 15 and AASB 1058 - Commonwealth Grants for capital projects
Word 58.26 KB
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AASB 15 - Decision tree
Word 30.19 KB
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AASB 15 and AASB 1058 - Volunteer Services
Word 155.59 KB
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AASB 1058 - Accounting for volunteer services checklist
Excel 19.71 KB
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AASB 15 and AASB 1058 - Transitional Options
Word 57.05 KB
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AASB 16 Leases

AASB 16 - Identification of a lease
Excel 87.19 KB
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AASB 16 – Incremental Borrowing Rate
Word 61.18 KB
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AASB 16 - Transitional disclosures
Word 65.9 KB
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AASB 16 - Transitional options
Word 82.96 KB
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AASB 119 Employee Benefits

AASB 119 - Annual Leave Provisions
Word 71.37 KB
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The document provides guidance on the revised requirements for short-term employee benefits under AASB 119, including an example illustration with calculation guidance.

AASB 1059 Service Concession Arrangements: Grantors

AASB 1059 - Classification of arrangements checklist
Excel 118.55 KB
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AASB 1059 - Interest accretion methodology
Word 169.18 KB
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AASB 1059 - Transitional disclosures
Word 78.37 KB
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AASB 1059 - Transitional options
Word 86.32 KB
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Other

Classification guide between transactions and other economic flows
Word 73.62 KB
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The document provides guidance on the classification of items between transactions, OEF included in net result and OEF-OCI for presentation in the operating statement.

Important note

The resources on this page are password-protected and accessible only to departments, entities and agencies internal to the Victorian Public Sector (VPS).

Victorian Government users can request a login by contacting the website administrator via email to dtfweb@dtf.vic.gov.au. Please state the name of your organisation, your job title, and details of the resources you require access to.

Updated